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Biltmore Fashion Park Borders Books and Music, Brooks 2502 E Market Profile Major Retailers: Biltmore Fashion Park Borders Books and Music, Brooks 2502 E. Camelback Road, Suite 216 | Phoenix, AZ 85016 Brothers, Macy’s, Ralph Lauren, Phone: 602-955-8401 | Fax: 602-955-8418 Saks Fifth Avenue www.westcor.com Restaurants: Known as the “crown jewel” of shopping centers because of its regal California Pizza Kitchen, The Capital history and unmatched ambiance, Biltmore Fashion Park serves a Grille, The Cheesecake Factory, diversified customer base. This dynamic center not only pulls from the Christopher’s Restaurant & Crush Lounge, local market, but has a regional draw from the entire Phoenix metropolitan Paradise Bakery & Café, Stingray Sushi, area. The Biltmore customer ranges from affluent urban professionals to True Food Kitchen, Zinburger Wine & the quality-loyal empty nesters all searching for a unique retail experience. Burger Bar Biltmore Fashion Park is one of Arizona’s premier specialty shopping and Property Type: Outdoor Fashion dining destinations set in an appealing open-air environment with resort Specialty Center quality landscaping and architecture. This design, paired with a prime location lends itself as an established destination for year-round tourists. Built: 1963 In addition, the Biltmore is located in the middle of one of the largest Renovated: 1980; 1988; 2006; 2008 office corridors attracting area office workers who frequent the vast restaurant and eatery selection at the center. Anchored by Macy’s and the state’s only Saks Fifth Avenue, Biltmore Fashion Park offers a selection of retail and restaurants including Hyde Park Jewelers, Escada, Brooks Brothers, Ralph Lauren, as well as James Beard award- winning chef Christopher Gross’ Christopher’s Restaurant and Crush Lounge, True Food Kitchen, Zinburger Wine & Burger Bar and Stingray Sushi. The average Biltmore Fashion Park shopper is 42.4 years of age with an average household income of $115,810 in comparison to the trade area market’s average age of 37.0 earning an average household income of $77,245. Surrounded by upscale businesses, elite residences and luxury resorts such as The Sanctuary Camelback Resort and Spa, The Ritz Carlton, The Phoenician and The Arizona Biltmore Resort and Spa, these preferred guests come to Biltmore Fashion Park to enjoy the stores and restaurants. A typical visitor to Phoenix is 42 years of age and leisure travelers make up 62% of all tourists. In 2007, the Urban Land Institute voted the intersection of 24th Street and Camelback Road “the hottest intersection” in Metropolitan Phoenix. www.macerich.com | NYSE: MAC Updated 5/10 Property Profile PRIMARY TOTAL PHOENIX - MESA - POPULATION TRADE AREA TRADE AREA SCOTTSDALE, AZ [MSA] 2009 ESTIMATE 478,246 927,988 4,351,309 2014 PROJECTION 512,525 998,343 4,996,120 5 YEAR MARKET GROWTH 7.2% 7.6% 14.8% HOUSEHOLDS 2009 ESTIMATE 183,729 370,786 1,558,268 2014 PROJECTION 196,320 398,383 1,776,319 5 YEAR HOUSEHOLD GROWTH 6.9% 7.4% 14.0% INCOME AVERAGE HH INCOME $67,188 $77,245 $72,844 MEDIAN HH INCOME $44,070 $50,446 $55,593 PER CAPITA INCOME $26,072 $31,110 $26,283 HOUSEHOLD INCOME RANGES $50,000 - $74,999 32,983 18.0% 69,135 18.6% 323,979 20.8% $75,000 - $99,999 16,873 9.2% 39,108 10.5% 204,024 13.1% $100,000 - $149,999 15,324 8.3% 40,999 11.1% 202,190 13.0% $150,000 - $249,999 7,537 4.1% 21,952 5.9% 85,419 5.5% $250,000 OR MORE 6,230 3.4% 15,431 4.2% 36,004 2.3% AGE BY POPULATION AVERAGE AGE 35.4 37.0 35.6 MEDIAN AGE 34.1 36.3 34.1 EDUCATION / OCCUPATION LEVELS BACHELOR’S DEGREE PLUS 78,998 25.5% 196,056 31.5% 678,148 24.5% WHITE COLLAR 135,554 60.4% 309,871 67.4% 1,241,767 62.1% RACE / ETHNICITY WHITE 306,671 64.1% 678,623 73.1% 3,129,326 71.9% BLACK 21,715 4.5% 34,133 3.7% 186,609 4.3% ASIAN / PACIFIC ISLANDER 12,631 2.6% 28,785 3.1% 129,393 3.0% OTHER 137,229 28.7% 186,447 20.1% 905,981 20.8% HISPANIC OR LATINO 205,014 42.9% 275,235 29.7% 1,354,496 31.1% NOT HISPANIC OR LATINO 273,232 57.1% 652,753 70.3% 2,996,813 68.9% DAYTIME EMPLOYMENT TOTAL BUSINESSES 24,534 47,821 148,526 TOTAL EMPLOYEES 282,686 563,287 1,936,291 © 2009 Claritas, Inc. All Rights Reserved Trade Area Map N BILTMORE FASHION PARK Piestewa Pkwy Market Information MAJOR EMPLOYERS YEARLY SALES MARICOPA COUNTY, ARIZONA EMPLOYER EMPLOYEE COUNT MONTH SALES % 1 STATE OF ARIZONA 50,079 JAN 8.5% 2 WALMART STORES 30,174 FEB 8.0% 3 BANNER HEALTH INC. 17,020 MAR 8.8% 4 CITY OF PHOENIX 14,453 APR 9.3% 5 MARICOPA COUNTY 14,057 MAY 8.1% 6 WELLS FARGO AND CO. 14,000 JUN 8.0% 7 ARIZONA STATE UNIVERSITY 12,727 JUL 6.7% 8 FRY’S FOOD & DRUG 11,780 AUG 6.7% 9 US POSTAL SERVICE 11,000 SEP 7.7% 10 HONEYWELL AEROSPACE 10,700 OCT 7.5% NOV 8.7% DEC 12.0% 42 ADDITIONAL EMPLOYERS LOCATED IN THE TRADE AREA HAVE 200+ EMPLOYEES. HOUSING INFORMATION VALUES AND PRICES 2008 AVG SELLING PRICE NEW HOUSING PERMITS – SINGLE AND MULTI FAMILY 2006 2007 2008 BILTMORE AREA ZIP CODE 85016 $235,000 MARICOPA COUNTY 35,728 30,969 15,513 PARADISE VALLEY $1,680,000 VEHICLE TRAFFIC COUNTS MAJOR HIGHWAYS NEAR CENTER ROADS WITH CENTER ENTRANCES 2007 AVG DAILY 2007 AVG YEARLY 2007 AVG DAILY 2007 AVG YEARLY HIGHWAY 51 176,000 64,240,000 24TH STREET & CAMELBACK 46,000 16,790,000 32ND STREET & CAMELBACK 33,000 12,045,000 SCHOOLS NUMBER OF SCHOOLS NUMBER OF STUDENTS CITY OF PHOENIX 525 187,450 COLLEGE/UNIVERSITY LOCATION STUDENT POPULATION MARICOPA COMMUNITY COLLEGES PHOENIX 250,000 UNIVERSITY OF PHOENIX PHOENIX 412,000 ARIZONA STATE UNIVERSITY TEMPE & DOWNTOWN 54,200 PHOENIX TOURISM MAJOR HOTELS NUMBER OF ROOMS ARIZONA BILTMORE RESORT & SPA 740 THE PHOENICIAN 647 THE RITZ CARLTON 281 THE SANCTUARY CAMELBACK RESORT & SPA 105 Site Plan ANCHOR Biltmore Fashion Park to: MALL Kierland Commons = 15 m iles Biltm ore Fashion Park to: Scottsdale Fashion Square = 6 miles RETAIL RETAIL RETAIL RETAIL RETAIL RETAIL RETAIL 08/&% 05)&3 Aerial Map / 5)&"3*;0/"#*-5.03& 3&403541" 4",4'*'5)"7&/6& ."$:±4 '6563& &.#"44:46*5&4¬ 3&%&7&-01.&/5 #*-5.03& 4*5& 5)453&&55)453&&5 $)"4&#"/, 5)&3*5;$"3-50/ $".&-#"$,30"% $".&-#"$,&41-"/"%& 0''*$&"/%3&4*%&/5*"-.
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